PMA promotes new captive head

Steven Woodard has been appointed director of captive operations at PMA Companies.

Woodard is responsible for the successful implementation and oversight of new captive formations while coordinating the service of existing alternative market clients as well as driving profitable growth of the Specialty Insurance Division within PMA Companies. 

He joined the company as captives & programs leader in February 2022 and became captive operations manager in July 2023. He remains based in Overland Park, Kansas.

He was director of alternative markets at Coaction Global, which was formerly ProSight Specialty Insurance Company, from July 2021 to February 2022. Alternative Markets was closed down by Coaction's new management in late 2021 after an ownership change and captives were put in run off. 

Prior to that he was assistant vice president - P&C underwriting executive at Lockton Affinity from April 2013 to April 2021.

Did you get value from this story?  Sign up to our free daily newsletters and get stories like this sent straight to your inbox.